888: Ladbrokes deal is on track

first_img whatsapp Tags: NULL Share 888: Ladbrokes deal is on track by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastZen HeraldNASA’s Voyager 2 Has Entered Deep Space – And It Brought Scientists To Their KneesZen HeraldSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesBrake For ItThe Most Worthless Cars Ever MadeBrake For ItWanderoamIdentical Twins Marry Identical Twins – But Then The Doctor Says, “STOP”WanderoamBetterBe20 Stunning Female AthletesBetterBeautooverload.comDeclassified Vietnam War Photos The Public Wasn’t Meant To Seeautooverload.com whatsapp Online gaming firm 888 said yesterday that it remains hopeful of being taken over by rival Ladbrokes after reporting better-than-expected fourth-quarter revenue.The group said operating profit increased 18 per cent on the previous quarter to $71m (£44m). The performance was boosted by a turnaround in the performance of the group’s poker business following a relaunch in the middle of last year. 888 was hit hard by a sharp decrease in demand for online poker, seeing its share value fall a staggering 58 per cent over 12 months.Chief executive Gigi Levy said: “Our marketing activities have driven record numbers of players to our sites, and growth was achieved across our business lines. We are very pleased with the results delivered during the last quarter of 2010, especially the record 18 per cent quarterly sequential growth.”He added that negotiations with Ladbrokes are continuing and there are no major obstacles in the way of a deal, contradicting claims the two sides could not agree on a price. center_img Show Comments ▼ Monday 7 February 2011 8:50 pm Read This Next’A Quiet Place Part II’ Sets Pandemic Record in Debut WeekendFamily ProofHiking Gadgets: Amazon Deals Perfect For Your Next AdventureFamily ProofAmazon roars for MGM’s lion, paying $8.45 billion for studio behind JamesFamily ProofIndian Spiced Vegetable Nuggets: Recipes Worth CookingFamily ProofYoga for Beginners: 3 Different Types of Yoga You Should TryFamily ProofBack on the Rails for Summer New York to New Orleans, Savannah and MiamiFamily ProofChicken Bao: Delicious Recipes Worth CookingFamily ProofCheese Crostini: Delicious Recipes Worth CookingFamily ProofHomemade Tomato Soup: Delicious Recipes Worth CookingFamily Proof KCS-content last_img read more